Stellar Bancorp, Inc. (STEL)

22.49 -1.39 (-5.82%) At close: 04:00PM EDT

Stellar Bancorp, Inc.

9 Greenway Plaza
Suite 110
Houston, TX 77046
United States
713 210 7600
https://ir.stellarbancorpinc.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 980

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Steven F. Retzloff	Executive Chairman	387.44k	N/A	1956
Mr. Robert R. Franklin Jr.	CEO & Director	3.82M	N/A	1955
Mr. Ramon A. Vitulli III	President	436.21k	N/A	1968
Mr. Paul P. Egge	Chief Financial Officer	352.71k	N/A	1978
Mr. Travis L. Jaggers	President of Stellar Bank	876.83k	N/A	1949
Courtney Theriot CPA	Executive VP & Chief Accounting Officer	N/A	N/A	N/A
Mr. Justin M. Long Esq.	Senior EVP, General Counsel & Corporate Secretary	N/A	N/A	1975
Mr. Okan I. Akin	Chief Risk Officer	663.21k	N/A	1971
Mr. Joe F. West	Senior EVP & Chief Credit Officer	N/A	N/A	1955

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Stellar Bancorp, Inc. operates as the bank holding company that provides a range of commercial banking services primarily to small and medium-sized businesses, professionals, and individual customers. It accepts deposit products, including checking accounts, commercial accounts, money market accounts, savings accounts, and other time deposits; and certificates of deposit. The company's loan portfolio comprises commercial and industrial loans; commercial real estate loans, including multi-family residential loans; commercial real estate construction and land development loans; residential real estate loans comprising 1-4 family residential mortgage loans, such as home equity and home improvement loans, and home equity lines of credit; residential construction loans; and consumer and other loans. In addition, it offers automated teller machine services, and drive-through services; mobile banking services; and telephone, mail, and Internet banking services. Further, the company provides safe deposit boxes, debit cards, cash management and wire transfer services, night depository services, direct deposits, cashier's checks, and letters of credit. Stellar Bancorp, Inc. was founded in 2007 and is headquartered in Houston, Texas.

Corporate governance

Stellar Bancorp, Inc.’s ISS governance QualityScore as of 1 April 2024 is 8. The pillar scores are Audit: 8; Board: 9; Shareholder rights: 9; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.